Open Education HUB has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2023 annual accounts show negative equity (-€7,983) and a net result of -€10,983. Its solvency ranks better than 15% of 2,267 sector peers (NACE 85, financial year 2023). The computed 12-month bankruptcy probability is 0.1% (very low).
Signalsraises riskFigures for financial year 2023 (filed 07-08-2024)lowers riskLegal form: non-profit associationSector: Education (NACE 85)Size: total assets €89,655neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency16
equity -8.9% of total assets
Liquidity6
short-term debt 107.5% · cash 4.6%
Profitability7
return on assets -12.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (3,813 companies, NACE 85, micro)
Last 24 months11-2024: 0.1%lowest value12-2024: 0.1%● unchanged vs 11-202401-2025: 0.1%● unchanged vs 12-202402-2025: 0.1%● unchanged vs 01-202503-2025: 0.1%● unchanged vs 02-202504-2025: 0.1%● unchanged vs 03-202505-2025: 0.1%● unchanged vs 04-202506-2025: 0.1%● unchanged vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.1%● unchanged vs 07-202509-2025: 0.2%▲ +0.1 percentage points vs 08-202510-2025: 0.3%▲ +0.1 percentage points vs 09-202511-2025: 0.3%● unchanged vs 10-202512-2025: 0.3%● unchanged vs 11-202501-2026: 0.4%▲ +0.1 percentage points vs 12-202502-2026: 0.4%● unchanged vs 01-202603-2026: 0.4%● unchanged vs 02-2026highest value04-2026: 0.1%▼ -0.3 percentage points vs 03-202605-2026: 0.1%● unchanged vs 04-202606-2026: 0.1%● unchanged vs 05-202607-2026: 0.1%● unchanged vs 06-202608-2026: 0.1%● unchanged vs 07-202609-2026: 0.1%● unchanged vs 08-202610-2026: 0.1%● unchanged vs 09-2026
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts on the deadline day; the sector median (NACE 85) for financial year 2023 is 14 days before the deadline, and 34% of those companies filed late.
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neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
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Key points
Risk: Negative equityfinancial year 2023: debts exceed assets-€7,983View
Caution: Among the weakest 14% on equitysector median €32,698 · 2,272 companies-€7,983View